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Today while moving the business towards updated technology, the question of on-premises and cloud based solutions repeatedly comes up. Which type of technology is actually work for business on long terms? Adoption and implementation of Cloud Based ERP are undoubtedly beneficent in increasing the business advantages. It facilitates the organization with off-premises data storage and could be easily scaled up and down accordingly. Besides all other benefits of cloud based solution, there are some organizations that prefer on-premise software solutions. On-premise and cloud-based solutions have their own unique values and advantages that couldn’t be ignored. Both have their own advantages and drawbacks, therefore, it requires deep concentration to make the right selection. On-Premise vs Cloud Based Solutions Significant differences of on and off-premise are discussed below in detail that drives towards and efficient solution. Collaboration One of the key advantages